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is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center wil. what is wrong with obama and banner? did they really think this is a good -- a game? you know, from our 4,000 levision commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million pele switched to me last year, saving an average of $475. yeah, i'm ki of a big deal. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. 731, 732... you want mnumber, don't you? call-800-progressive right now. or visit progressive.com for an extra $50 online savings. thirsty? 'cause i got a six-pack rightere. oh, yeah... [voice shaking] you don't even have to wait for your policy to expire to switch. oh, svetlana, that's so good! and, with every policy, you get great service. a-down the hizz-atch. [slurp!] so call me today. you'll be glad you did. cannonbox! [splash! ♪ lou: our next guest says presidt obama see democracy as
is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center wil. what is wrong with obama and banner? did they really think this is a good -- a game? you know, from our 4,000 levision commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million pele switched to me last year, saving an average of $475. yeah, i'm ki of a big deal. [sigh] it feels good...
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is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not letting up ytime soon. if you're eligible for medicare, you might know it only coversbout 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medica supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now to reques a free decision ide to help you understand medicare. and which aarp medicare supplement p
is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not letting up ytime soon. if you're eligible for medicare, you might know it only coversbout 80% of...
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without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill that extends the tax cuts on those $250,000 and above and let the democrats take ownership because you know, they're going to be held responsible for the economic performance of 2013 and come 2014, you can actually get a political change that might make a difference. stuart: we'll wait and see on that one. art laffer, always a pleasure. >> bye now. stuart: the republicans submit their fiscal cliff solution. now, that pla
without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd...
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>> look at timing it looks like that obama is really appearing to really work with the republican, really reaches out. neil: he did a number of things that make it seem that way, i might consider raising taxes not up to clinton rate, i might look at spending issues now. >> he will want to raise taxes, but he will consider looking at some spending cuts, but not deep enough to where it will matter. neil: overture? we -- this is not announced but just rumors, we might not have to go back up to highest clinton rate, we could split the difference. >> i just don't see with him holding so much, i do not see -- i think it is inevitable we might either fall off the cliff or it will be up until the deadline. neil: you know the value by the way, in bringing more republicans under your cabinet? is that you not only think about your legacy, you really are trying to move the ball forward. you start putting republicans to your cabinet or those uniquely skilled to do etch and everything in your cabinet, we know what happens when you don't have the right people. >> what is best for this country is what ma
>> look at timing it looks like that obama is really appearing to really work with the republican, really reaches out. neil: he did a number of things that make it seem that way, i might consider raising taxes not up to clinton rate, i might look at spending issues now. >> he will want to raise taxes, but he will consider looking at some spending cuts, but not deep enough to where it will matter. neil: overture? we -- this is not announced but just rumors, we might not have to go...
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the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir. stuart: here is an example of what i call tax hypocrisy. costco founder going to save because of the dividend payment this year. not next year, this year. the ceo, he is a very big obama supporter. even spoke at the democratic convention. >> a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. that is whh i am here tonight supporting president obama. stuart: supports president obama, supports tax the rich, but does not pay the rich taxes. i say tax hypocrisy and i am be
the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir....
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in past years, reagan and tip o'neill coming to a compromise, clinton, gingrich. i don't get a sense from obama and boehner there is any compromise at this point. >> well, not now. this may be the week to shout at each other. maybe the it next two weeks are the weeks to get beyond shouting and come together. i think you're right on the dynamic. this in the end everybody seems to agree a deal with boehner. others are players. those are the two main players and they have to figure out how to get things done. tracy: like war of the roses. gerry seib, washington bureau chief of "the wall street journal." thank you, gerry. good stuff. >> thank you very much. ashley: coming up stunning new numbers where america's tax burden hits the hardest. liz macdonald will be here next with that story. tracy: ashley mentioned it earlier, drought conditions turning worse around the country. how will it impact your grocerisy bill if it isn't high enough? as we do every time this time of day see how oil is trading. up slightly. $88.91 a barrel. we'll be right back tracy: so president o
in past years, reagan and tip o'neill coming to a compromise, clinton, gingrich. i don't get a sense from obama and boehner there is any compromise at this point. >> well, not now. this may be the week to shout at each other. maybe the it next two weeks are the weeks to get beyond shouting and come together. i think you're right on the dynamic. this in the end everybody seems to agree a deal with boehner. others are players. those are the two main players and they have to figure out how...